Firstly there is a big difference between releasing Assay results and defining a gold resource that is mineable. The way I see it is that TRF is now working really hard at defining a gold resource. Remember the gold intersections are a result of gold assays from IronClad Drilling. Drilling for Gold which has a narrow reef (1-10 meters) and drilling for Iron Ore (bulk commodity) are 2 different things.
This release is great news in that they think that based on the results so far they will be able to define a gold resource in the future.
TRF Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held